Calès, Marie-Noëlle; Chabert, Dominique; Hichri, Walid; … - Groupe d'Analyse et de Théorie Économique Lyon … - 2011
The European Central Bank (ECB) will offer to banks in 2013 an european shared platform for securities settlement, named TARGET 2 Securities (T2S), in order to open the national financial markets. The financial crisis did not change the ECB agenda. This paper develops a spatial competition model...
